I've spent almost my entire career as a journalist covering tech in and around Silicon Valley, meeting entrepreneurs, executives and engineers, watching companies rise and fall (or in the case of Apple, rise, fall and rise again) and attending confabs and conferences. Before joining Forbes in February 2012, I had a very brief stint in corporate communications at HP (on purpose) and worked for more than six years on the tech team at Bloomberg News, where I dived into the financial side of tech. Before that, I was Silicon Valley bureau chief for Interactive Week, a contributor to Wired and Upside, and a reporter and news editor for MacWeek. The first computer game I ever played was Zork, my collection of now-vintage tech T-shirts includes a tie-dye BMUG classic and a HyperCard shirt featuring a dog and fire hydrant. When I can work at home, I settle into the black Herman Miller Aeron chair that I picked up when NeXT closed its doors. You can email me at cguglielmo@forbes.com.

Qualcomm CEO Paul Jacobs Delivers Opening Keynote at CES (Live)

Paul Jacobs, CEO of chipmaker Qualcomm, says he’s the first mobile company to open up the Consumer Electronics Show. And while he acknowledges that Qualcomm is not a traditional consumer electronics device company in the sense that it doesn’t make TVs and smartphones, Jacob notes that “we are at the heart of mobile devices that are at the center of everyhing you do.”

Here’s a play–by-play of his keynote, which started at about 6:45 p.m. local time in Las Vegas. Refresh this page to see updates.

Almost a million new smartphones are added everyday — double the number of new babies born.

We’re all part of “Gen M” — generation that expects mobile devices. “I don’t know about you, but I can’t imagine life any other way.” More than 80 percent of people say they can’t go a day without using mobile tech.

Qualcomm has shipped over 11 billion chips in its history, he says. “Mobile is the largest computing platform in history.”

Smartphones are now replacing laptops as the mobile device — 5 billion smartphones sold between 2012 and 2016. For some, smartphones will be the only device they ever use to access the Internet he says.

Now some spin on Qualcomm’s snapdragon mobile chip. Qualcomm powers more than 500 smartphones and he says more than 400 devices are in development. Customers include Microsoft.

Surprise guest: Microsoft CEO Steve Ballmer. “This year I’m here to show you some phenomenal new Windows devices on Snapdragon.”

Ballmer talks (unsurprisingly) about how amazing Microsoft mobile devices are “for work and for play.” There are now four times as many Microsoft-based devices than there were at launch, Ballmer says. He says there’s a growing number of apps for Windows RT.

“Windows tablets are the only tablets in the world with office,” Ballmer notes.

“Each Windows phone is as unique as the person using it,” Ballmer says, noting that users can customize it and that was Microsoft’s design intent.

Jacobs says “You guys have completely reimagined Windows.”

And Ballmer is done.

Jabobs now announces new generation of snapdragon chips — 600 series. Coming out this summer.

And he announces a new flagship — the snapdragon 800 for smartphones, tablets and computers. It offer 75 percent better performance than its predecessor, he says. There are 50 design wins for the chip, he says. Can stream high-def video — “this thing really delivers on the promise of 4G.”

Also offers improved Wi-Fi connectivity.

It has a quadcore CPU — with a faster clock rate than many laptops, Jacobs says. It will be out in the second half of this year.

Now Jacobs is doing a demo — showing off video, graphics and audio processing with the snapdragon 800 GPU. Cinematic quality video — “Seriously, this is console quality gaming on a mobile device.”

He says it consumes half the power of its predecessor.

Supports Ultra HD — 4 times the number of pixels of HD.

Next guest: Director Guillermo del Toro (Hellboy, Pan’s Labryinth). del Toro is talking about his new film — Pacific Rim. They’re now showing a clip of the movie off a snapdragon chip. (Nothing wrong with the audio system here, either, which is also set at ridiculously loud.)

del Toro says that the advancements in technology is helping filmmakers — things like cloud storage. He says he has 7,000 DVDS in the cloud now.He also says that snapdragon chips means that users will be able to see remastered films in Ultra HD too, “staying true” to the filmmaker’s original vision for the film. (He shows a really gory clip from Blade II). And he steps off the stage.

Jacobs now talking about how chips are allowing the Internt of everything — putting processors, sensors in every device and hooking it up to the Internet.

Now turns to Google — half a billion Android devices are in use and most are powered by Qualcomm chips, he says.

Data demand might go up 1,000 times to what we see today. He’s now talking about Qualcomm technology, including StreamBoost — to give a boost to Wi-Fi routers and gateways – to help handle the new levels of data demand.

Now talking about Nascar — calls out Nascar Sprint 2012 driver of the year Brad Keselowski. Nascar is allowing fans to customize how they view Nascar races and have an immersive experience on smart TVs and tablets, like those powered by snapdragon. Showing demo of in-car TV, among other things, were viewers can see/hear what the driver is seeing/hearing as well.

Next guest is Scott Chambers of Sesame Street Workshop. He’s showing off a mobile app (that uses Qualcomm’s Vuforia augmented reality platform) to help teach literacy to kids. Demo of app — Big Bird’s Words (hover your phone over a word and Big Bird says what the word is). The app will be available this summer.

Now via video, Bishop Desmond Tutu talking about how mobile phone will have an effect on public health in Africa and around the world. Says he looks forward to working with Qualcomm on mobile health initiatives. Jacobs says there’s a new Qualcomm Tricorder X Prize ($10 million) for mobile healthcare.

Qualcomm is working with Paramount for a new app that will be used to promote the upcoming Star Trek movie. Star Trek actress Alice Eve — she plays Dr. Carol Marcus in “Into Darkness.” The new app allows fans to become part of the crew and go out on missions. We’ll hear more about the app in February, Eve says. The film is out in May. (go to http://offerpop.com/startreksweeps/272581 to sign up to get notified about the app and get entered into a contest to win tickets to the movie premiere. And she leaves the stage.

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